Apartments for Rent in Louisville, KY

The best apartments in Louisville, KY are: Waterford Place, Stonewater Apartments, Station JTown, Park Place Apartments and Enclave at Breckenridge.

The average rent in Louisville, KY is $1,291.

The price range for a studio apartment in Louisville, KY is between $50 and $5,149.

The price range for a 1-bedroom apartment in Louisville, KY is between $485 and $4,511.

The price range for a 2-bedroom apartment in Louisville, KY is between $450 and $4,852.

The price range for a 3-bedroom apartment in Louisville, KY is between $673 and $8,650.

In Louisville 38% of the housing is rented out compared to 62% of homes are owned, according to the most recent Census Bureau estimates. 11% of Louisville's apartments are found in large buildings of 50 units or more, 61% are located in smaller apartment complexes with less than 50 units, and 27% are single-family rentals.

The average age of rental buildings in Louisville is 34 years old, with 39% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 91% are garden-style apartment communities, 6% are mid-sized buildings, and 5% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Louisville come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 35% of the total apartments in the city, while 2-bedroom floorplans represent around 51% of all rentals in Louisville. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.